aye aye things are looking up blizz is is finally recognising prot pallys like haste im wondering if they are gonna put the bad boy i liked above on the prot pally loot table.would feel pretty boned if we cant coin that thing looks like BiS to me.

The faster speed would tend to indicate it not being a dps weapon, or would, at least, make it much less desirable for melee dps. Less weapon damage means stuff hits less hard.

Despite having 12 item levels on it, that mace only has 200 bottom damge and 500 top damage more than http://ptr.wowhead.com/item=96802 because of its speed. Compare it to http://ptr.wowhead.com/item=103951 and you can see the disparity even more starkly, with the 2.6 speed weapon having 600 bottom damage and nearly 1500 top damage more than the haste/mastery 553 mace. A DW deathknight MIGHT want it for his off-hand weapon, but that's about it. Haste/Mastery is almost totally useless for warriors.